The cryptocurrency market is really heating up lately. Lots of charts are showing steep climbs, especially with Bitcoin’s price reaching over $57,000 for the first time in years. Bitcoin has been relatively quiet for some time, but in the past 24 hours, it suddenly shot up by over 9%, pulling much of the rest of…
On Monday, Bitcoin ETFs saw a big boost with a net inflow of $520 million. This influx of money helped push the price of Bitcoin past $57,000, as trading volumes soared. Investors were keen on getting into the action, contributing to the cryptocurrency’s rally. Bitcoin ETFs kicked off the week with a bang, attracting a…
Bitcoin attracted the highest weekly inflows of almost $570 million, surpassing other major cryptocurrencies like Ethereum (ETH) and Ripple (XRP). ETH recorded minor inflows of $16.8 million, while XRP saw even lower inflows at $1.1 million. According to CoinShares’ recent report, investment in digital products experienced a significant increase in inflows during the past week….
Bitcoin’s surge past $52,200 is poised to prompt significant short liquidations, with analysts cautioning about a potential post-Halving correction. Despite a recent rebound, Bitcoin is now anticipated to dip below $51,000 once more. Bitcoin (BTC), the top cryptocurrency globally, has bounced back strongly after dropping below $51,000. Currently, its price is approaching the $52,000 mark,…
Van de Poppe points out the Euro’s declining purchasing power and how people are turning to Bitcoin for security. He mentioned a recent article by the European Central Bank criticizing Bitcoin’s role as a global decentralized digital currency, attributing this criticism to the institution’s concerns about BTC. Additionally, he highlighted that the Euro has lost…
UNI saw a significant pullback after its recent price surge but stayed above $10. Bitcoin bounced back after yesterday’s dip, almost reaching $52,000. Many other altcoins also saw modest gains, with Ethereum surpassing $3,000 and Solana holding above $100. Bitcoin experienced a relatively quiet week after several consecutive weeks of price increases. However, one notable…
According to a well-known cryptocurrency analyst, Bitcoin is anticipated to surge to $300,000 within the current market cycle. A major cryptocurrency trader and analyst named Michael van de Poppe has shared a new prediction for Bitcoin. His target exceeds the recent prediction made by Max Keiser. Bitcoin Predicted to Reach $300,000-$600,000: Analyst’s Forecast According to…
Donald Trump, a candidate for U.S. President, seems to be changing his view on Bitcoin. While he once called it a “scam,” he now says that some rules might be needed. He also mentioned that lots of people are starting to like Bitcoin, and he could accept it in some form. Former U.S. President Donald…
The upcoming Bitcoin halving, which will slash the supply by 50%, is poised to be a powerful catalyst for the Bitcoin price. Analysts are conservatively predicting a significant rally in Bitcoin’s value, with expectations set at $273,000. Recently, the price of Bitcoin (BTC) has been under some selling pressure, but the balance between demand and…
Long-term Bitcoin investors, known as “hodlers,” have sold around 200,000 BTC since the start of the year. This means they’ve been decreasing their holdings steadily over the past three months. This kind of selling is pretty normal during times when Bitcoin’s value is rising a lot, as experienced investors tend to take some profits along…
MicroStrategy’s Michael Saylor recently told Bloomberg TV that he’s sticking with Bitcoin as his ultimate plan, considering it the best ‘exit strategy.’ He’s not looking to sell any of the company’s 190,000 bitcoins, which were bought at an average price of $31,224 each. With Bitcoin’s current value around $52,275.60, their holdings are worth about $10…
In Monday’s trading, major cryptocurrencies showed upward momentum, led by Bitcoin, Ethereum, Solana, and Dogecoin. By morning, Bitcoin was trading 1.2% higher at $52,311, while Ethereum saw a 4% increase to $2,920. The global cryptocurrency market cap also rose by 1.4% in the last 24 hours, reaching around $1.97 trillion. Crypto Market Insights from Industry…
Famous entrepreneur and Rich Dad Poor Dad author Robert Kiyosaki has revealed his next big goal for Bitcoin. In a recent post, he predicted that by June 2024, Bitcoin will hit $100,000. Kiyosaki’s prediction comes at a time when Bitcoin has been stabilizing for five days, following a strong two-week rally. Starting from a low…
Bitcoin has gone up by 1.10% in the past day, reaching $52,124.60. Compared to last week, it’s up by 8.32%. Ethereum, the second most popular cryptocurrency, has increased by 3.58% since yesterday, now at $2,891.90. Over the week, it’s risen by 15.77%. Bitcoin’s market value is $1,017.64 billion, while Ethereum’s is $347.58 billion. Cryptocurrency Market…
Bitcoin Cash’s blockchain data shows big investors, called whales, are buying more BCH as its price drops. This has people wondering: could this mean a big jump to $300 is on the way? Bitcoin Cash (BCH) briefly reached $280 on Feb 12 but faced strong selling pressure, causing a 12% drop to $258. Despite this,…
A crypto expert warns short-term traders about a possible 40% drop in Bitcoin’s price before it makes a long-term surge to $150,000. Recently, Bitcoin (BTC), the biggest cryptocurrency, saw its price shoot up past $52,000. This has made many people feel positive about Bitcoin’s future, with hopes rising for it to reach $100,000. Some experts…
As the week wraps up, Bitcoin, Shiba Inu, and Terra have been at the center of exciting developments in the world of cryptocurrency. As this week comes to an end, big things happened in the world of cryptocurrency. Bitcoin, Shiba Inu, and Terra grabbed a lot of attention from people who are into crypto all…
Although Bitcoin is reaching record highs in several countries, its current value remains 24% below its previous all-time high of nearly $70,000, which was reached in November 2021. Bitcoin’s surge of over 15% this week has propelled it to achieve new all-time highs against various weakening fiat currencies like the Argentine peso (ARS), Japanese yen…
MicroStrategy’s Bitcoin holdings, valued at nearly $10 billion, have been a subject of scrutiny by crypto intelligence firm Arkham Intelligence. Reportedly, Arkham has successfully identified on-chain addresses containing 98% of MicroStrategy’s Bitcoin holdings. Arkham Intelligence Reveals MicroStrategy’s Bitcoin Holdings A crypto intelligence firm called Arkham Intelligence shared details about MicroStrategy’s Bitcoin stash on social media…
A famous Bitcoin investor recently spoke out against the Federal Reserve, saying he doesn’t like it, and encouraged people to invest in Bitcoin instead. He thinks Bitcoin is a better option for safeguarding wealth and protecting against inflation. “Rich Dad Poor Dad” author and Bitcoin advocate, Robert Kiyosaki, has made a significant statement about the…
Justin Sun proposes a Bitcoin-based layer 2 solution to merge TRON and BTC, enhancing interoperability between networks. Bitcoin’s TVL surpasses $1 billion due to the Merlins Seal event, showcasing the growth of DeFi within the Bitcoin ecosystem. Justin Sun, the creator of Tron, has unveiled his plans for a novel layer 2 solution based on…
On Friday, February 16, 2024, the value of bitcoin stayed around $51,850 to $52,350. Insights from Arkham Intelligence, a data analysis company, showed that Coinbase, a big crypto exchange listed on Nasdaq. Now owns more than 1 million bitcoins. At current prices, this stash held by the company from San Francisco is worth over $52…
During a Bloomberg TV interview on February 15, Anthony Scaramucci, the founder of SkyBridge Capital, discussed the crypto market’s rebound, Coinbase’s profitability, and his views on SEC Chair Gary Gensler’s approach to cryptocurrency. Scaramucci stays optimistic about Bitcoin’s future despite regulatory challenges, maintaining his forecast of a notable price surge. He relies on a technical…
Today’s crypto market shows a mixed picture for top cryptocurrencies. Bitcoin’s price remained stable, while Ethereum (ETH), XRP, and Cardano (ADA) saw gains. Cryptocurrency prices saw some ups and downs today. Bitcoin (BTC) held steady above $52,000, showing little movement. However, Ethereum (ETH) continued its upward trend, breaking past the $2,800 mark for the first…
Bitcoin’s trajectory indicates a potential surge to $200K within 1-3 months after surpassing the $62.3K mark, historically correlating with bullish movements during halving events. However, the psychological impact of such events may increase volatility and market risk. Bitcoin’s rise above $50,000 has excited investors, sparking hopes for even higher prices in the near future. Bitcoin’s…
Bitcoin has been performing exceptionally well this year, hitting price levels not seen since late 2021. In the past day alone, the leading cryptocurrency has surged by 4%, adding to an impressive 22% gain over the last week. Amidst this positive trend, analyst Marc van der Chijs confidently predicts that Bitcoin will reach the $100,000…
Bitcoin (BTC), the first cryptocurrency, is spearheading a surge in the crypto market, showing positive gains across the board. Bulls appear determined to drive prices to new highs in 2024. However, this surge in Bitcoin’s value, aimed at surpassing its all-time high (ATH) of $69,000, has disappointed a significant number of short traders. Bitcoin Regains…
The cryptocurrency market is making a strong comeback, with Bitcoin leading the charge. Bitcoin has surged past the $51,500 mark and reached a significant milestone of $1 trillion in market value. Bitcoin has achieved levels not seen since 2021, marking a significant milestone in its journey. However, the last time it reached such heights, in…
Bitcoin rose above $51,000, and Ethereum surpassed $2,700, indicating bullish market sentiment. Analysts are examining the price hikes despite worries over gloomy CPI data. While Bitcoin Futures Open Interest dropped slightly, Ethereum Open Interest surged. Bitcoin surged past $51,000, reaching its highest value since November 2021, while Ethereum surpassed $2,700, showing resilience not seen since…
The Flow Horse, a famous crypto expert, thinks we’re about to enter an exciting time for cryptocurrencies, similar to the bullish period in 2020. In a recent post, he talked about the positive outlook for the crypto markets, comparing it to the big surge that took Bitcoin from $10,000 to $64,000. During that time, the…
Torrevieja, a city with nearly 90,000 people, is striving to be among the first crypto-friendly places in Spain. Teaming up with its merchant association, Apymeco, the city plans to encourage the use of cryptocurrency as a payment method. They will also offer training courses to businesses keen on accepting and managing cryptocurrency transactions. Torrevieja: Transitioning…
Tuesday saw BlackRock’s iShares Bitcoin ETF (IBIT) attracting an impressive $493 million in inflows. Notably, demand from Bitcoin ETFs has outpaced Bitcoin miner production by a factor of 10. Meanwhile, the Bitcoin options market remains bullish, particularly targeting the $60,000 strike price. After a slow beginning to February, the inflows into spot Bitcoin ETFs have…
Anthony Scaramucci, the founder of Skybridge Capital, says it’s still a good time to buy bitcoin, even though its price has gone over $50,000. He understands that some people might worry they’ve missed the chance, but he strongly disagrees with that idea. Skybridge Capital founder Anthony Scaramucci says it’s not too late for investors to…
Spot Bitcoin ETFs witnessed the third-largest net inflow of $493.3 million, reflecting significant demand in the market. This surge in investment comes as the price of Bitcoin breaks above the $50,000 mark. Spot Bitcoin ETFs, including BlackRock (IBIT), Fidelity (FBTC), and Ark 1Shares Bitcoin ETF, saw a significant net inflow of $493.3 million. Meanwhile, outflows…
A report from Bloomberg suggests that despite the recent increase in Bitcoin’s price, it might not be enough to uphold the entire cryptocurrency market. Since the approval of the ETF, Bitcoin prices had been facing downward pressure. However, there has been a recent uptick, with the original cryptocurrency reaching the $47,000 mark, which has uplifted…
CryptoQuant CEO Ki Joung Ju suggested that Bitcoin could reach $112,000 by the end of this year. Despite Bitcoin’s recent surge to nearly $49,000 last week, its upward momentum halted as the new week began. Currently, Bitcoin is trading around $48,000. Investors are closely monitoring economic data from the USA this week for further market…
Crypto analyst Adam Back suggests that Bitcoin (BTC) could potentially reach $100,000 before the halving event in April. This prediction comes as Bitcoin rebounds from a relatively downbeat January. Recent data from CoinMarketCap indicates that BTC’s price rose by 11.02% in the last week, reaching around $47,000. Analyst Predicts Bitcoin Bull Run Pre-Halving Due to…
Renowned crypto analyst Michaël van de Poppe has brought optimism to the cryptocurrency market, suggesting that Bitcoin (BTC) has left behind its bearish trends and is now on a bullish path. BTC, which was around $42,000 earlier this week, has surged above $47,000. This positive momentum is anticipated to push Bitcoin towards $55,000 shortly, just…
In a recent update from Capriole Investments, founder Charles Edwards offered an insightful analysis, projecting a notable surge in Bitcoin’s price to $58,000. Edwards’ prediction is based on a comprehensive assessment of various factors including market trends, developments in ETFs, technical patterns, and fundamental indicators. The analysis starts by closely examining recent market movements, particularly…
As Bitcoin surges, potentially reaching a new yearly high, some altcoins are outpacing BTC and expected to keep doing so. Among them are Injective (INJ) and Render (RNDR). For many retail and institutional investors, investing in and holding Bitcoin is the preferred strategy. Bitcoin is widely viewed as the most reputable cryptocurrency, serving as a…
Bitcoin’s price has surged above $45,000 for the first time since Bitcoin exchange-traded funds (ETFs) were introduced in January. This increase has sparked predictions of a potential push towards $50,000. On Thursday, Bitcoin reached $46,047, indicating a 1.65% rise over the past 24 hours. This marks the first time since the ETF launch on January…
The amount of Bitcoin available for exchange is now the lowest since December 2017. Currently, only 5.3% of the total Bitcoin supply remains on exchanges. In the past two days, the Bitcoin bulls have gained control following about a month of consolidation since the spot Bitcoin ETF approval. The Bitcoin price has risen by another…
JPMorgan analysts suggest that BlackRock and Fidelity’s Bitcoin ETFs are performing better than Grayscale’s GBTC on at least two measures of liquidity. Analysts at JPMorgan noticed that Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity are surpassing Grayscale Bitcoin Trust (GBTC), which is the largest fund by assets under management, in terms of at least…
VanEck’s digital asset advisor highlighted a significant similarity between Bitcoin and the companies owned or led by Elon Musk. Elon Musk’s recent tweet stirred excitement in the cryptocurrency community, prompting a response from VanEck and Tether’s digital asset strategist, Gabor Gurbacs. He highlighted a significant similarity between Elon Musk’s ventures and Bitcoin. Elon Musk’s Irony…
In the last 12 hours, the price of Bitcoin has surged by more than 4%, breaking free from the recent period of stagnation. This upward movement comes after a breakout from a bullish pennant pattern, signaling Bitcoin’s intention to reach the $55,000 milestone. Looking at the 4-hour BTC/USD chart, Bitcoin is currently priced at $44,609….
Regional US banks are experiencing a decline similar to last year’s troubles. Bitcoin prices have jumped to $44K after a period of stagnation. Investors are hopeful, with some foreseeing a potential surge to $1 million, reminiscent of the financial crisis. Bitcoin and other altcoins are gaining traction amid China’s economic uncertainties. Could this be the…
CleanSpark is getting ready for Bitcoin’s halving event by doubling its operating hash rate. They plan to achieve this by activating mining rigs in four new facilities they’ve recently bought. CleanSpark Inc. plans to double its hash rate by the first half of 2024. They’ve decided to purchase four new mining facilities before Bitcoin’s reward…
While most cryptocurrency prices are typically quoted in US dollars, it often makes more sense to compare them against Bitcoin. While the overall cryptocurrency market has remained relatively stable since the beginning of the year, not every cryptocurrency has followed the same trend as Bitcoin and Ethereum. Best Bitcoin Performers YTD Cryptocurrencies have exhibited notable…
Considering investing in the popular cryptocurrency? A recent report suggests that Bitcoin is expected to hit a new record high in 2024. A new report suggests that Bitcoin (BTC) could hit a new record high of $88,000 (€82,000) sometime during 2024. The report, conducted by UK fintech firm Finder, collected predictions from 40 cryptocurrency industry…
Renowned hedge fund manager Charles Edwards predicts that Bitcoin could skyrocket to $280,000 in the next year. Edwards, the founder of Capriole Investments, shared this bold forecast on X (formerly Twitter), citing historical data and key factors driving Bitcoin’s potential growth. He compared Bitcoin’s post-halving performance in 2020, suggesting that if the trend continues, it…